Insights and Stories of Dwayne Klassen

Jul. 24, 2009 at 3:46 pm CDT

(Resource News International) — Crush margins for canola in Western Canada have lost some additional ground, and if the Canadian dollar continues its appreciation, further declines are likely in the cards. “Based on the way I calculate margins, the crush for the spot month as of Friday was in the […]

By Dwayne Klassen

Jul. 23, 2009 at 2:20 pm CDT

(Resource News International) — Strong spot bids for confectionary varieties of sunflower have helped to spark some farmer movement of the commodity into the cash market. Strong end-user demand and concerns about the crop have helped to prop up the cash market. “End users are paying as much as 40 […]

By Dwayne Klassen

Jul. 22, 2009 at 4:12 pm CDT

(Resource News International) — Edible pea prices in Western Canada have climbed significantly in recent weeks, with much of the strength associated with nervousness over the crop. Some industry sources linked the strength in yellow peas to the fact India has stepped up to the plate and has been a […]

By Dwayne Klassen

Jul. 21, 2009 at 6:54 pm CDT

(Resource News International) –– Barley bids in Western Canada have been declining steadily over the past few weeks, reflecting dwindling livestock herds and increased alternative supplies. “There is no doubt that demand for feed barley in Western Canada has been declining given that cattle and hog producers have been steadily […]

By Dwayne Klassen

Jul. 20, 2009 at 5:02 pm CDT

(Resource News International) — Old-crop bids for lentils in Western Canada have been holding at extremely strong levels while weather is likely to be the main factor determining the trend for new-crop values. “Essentially, if we get an early frost in August, lentil prices are likely to go ‘crazy,'” said […]

By Dwayne Klassen